PERBEDAAN KINERJA KEUANGAN PERUSAHAAN PEMEROLEH PENGHARGAAN ISRA DAN NON–ISRA TAHUN 2012–2014

The aim of this research is to examine difference financial performance, Return On Asset (ROA), Return On Equity (ROE), Financial Leverage and the change of stock price in the company’s award recipients and non recipients of Indonesia Sustainability Reporting Award (ISRA) on 2012 – 2014. The sample in this study of 99 companies consisting of recepients and that did not recepients of Indonesia Sustainability Reporting Award (ISRA) on 2012 – 2014. In the first hypothesis and second hypothesis using different test, shows that financial performance as measured by ROA and ROE that recepients of ISRA higher than those not recepients of ISRA or there are difference between the recipients of ISRA and who do not recipients of ISRA. The third hypothesis and fourth hypothesis using different test, shows financial leverage and the change of stock price that recepients of ISRA is the same with those not recepients of ISRA or there are not difference between the recipients of ISRA and who do not recipients of ISRA. Keywords : Financial Performance, Return On Asset, Return On Equity, Financial Leverage, The Change of Stock Price, Indonesia SustainabilityReporting Awar